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Home Breaking News

Waaree Renewable Technologies debuts successfully on NSE, boosts growth prospects

by Nav Jeevan
11 months ago
in Breaking News, Business, Capital Market, Energy, Gujarat, Launchpad, Mumbai, National
Reading Time: 2 mins read
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Waaree Renewable Technologies debuts successfully on NSE, boosts growth prospects
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  • Accelerating India’s energy transition with vision, scale, and environmental responsibility
  • Being listed on the NSE is a defining moment in our journey. It symbolizes scale, credibility, and intent: Viren C. Doshi, Director, Waaree Renewable Technologies Ltd.

 NE BUSINESS BUREAU

MUMBAI, APR 9

Renewable energy solutions provider Waaree Renewable Technologies on Wednesday announced that it has been listed on the National Stock Exchange of India (NSE), marking a milestone in the company’s journey toward redefining India’s clean energy future.

File

“Waaree Renewable Technologies Limited’s NSE debut is a strategic inflection point. It provides the company with wider stakeholder engagement, and enhanced capital access to drive future expansion,” the company said in a statement.

This includes scaling up solar capacity, exploring hybrid energy models, and expanding its footprint in both domestic and global markets. This listing not only elevates Waaree Renewable Technologies Limited’s market visibility and investor accessibility but also highlights the company’s remarkable growth trajectory and commitment to building a greener, self-reliant India.

“Being listed on the NSE is a defining moment in our journey. It symbolizes scale, credibility, and intent,” said Viren C. Doshi, Director, Waaree Renewable Technologies Ltd.

“Waaree Renewable Technologies Limited has consistently delivered on its promise of powering progress through clean energy, leveraging our expertise in Engineering, Procurement, and Construction (EPC) to execute large-scale solar projects. Our strong financial discipline and customers’ trust have been instrumental in securing significant contracts, notably our largest-ever single order of a 2 GW solar project in Rajasthan. This milestone amplifies our reach to a broader investor base that believes in India’s transition to environmentally responsible infrastructure. We are geared up to further catalyse energy equity across the nation, energize industries, and electrify a low-carbon future by expanding our EPC capabilities, positioning us for substantial growth in the renewable energy sector.”

With its robust track record of executing over 1.82 GW in solar EPC installations and currently managing the execution of an additional 1.7 GW of projects, Waaree Renewable Technologies Limited (WRTL) has solidified its position as a trusted partner in India’s renewable energy value chain. Additionally, there is a robust bidding pipeline of 23.37 GWp, further enhancing its potential for sustained growth in the solar EPC segment. The company has been involved in providing solar solutions for data centres, which is a market with exponential growth potential.

Waaree Renewable Technologies Limited’s integrated approach spans Engineering, Procurement & Construction (EPC), Operations & Maintenance (O&M), and solar project development. It caters to a wide array of clients across industrial, commercial, and utility segments, empowering them to adopt environmentally friendly energy solutions that ensure long-term cost savings and environmental responsibility.

From on-site solar rooftops to open-access solar farms, Waaree Renewable Technologies Limited’s capabilities help democratize access to renewable energy, drive climate action, and generate significant carbon offsets. The company’s solar initiatives collectively prevent hundreds of thousands of metric tons of CO₂ emissions annually- propelling both environmental and economic gains for its partners. As India’s clean energy landscape matures, Waaree Renewable Technologies Limited is poised to lead with innovation, scale with speed, and operate with purpose- powering India’s ambition to become a global renewable energy powerhouse.

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